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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,733 | $275,752-88.9% | $256,809-88.0% | $198,609-84.5% |
| Participation rate | 50.0% | 89.2%-39.2pp | 88.5%-38.5pp | 82.4%-32.4pp |
| Annual return | 21.68% | 34.81%-13.1pp | 32.73%-11.0pp | 202.70%-181.0pp |
| Employer contribution / active EE | $1,921 | $7,721-75.1% | $7,263-73.5% | $5,055-62.0% |
| Participant deferral / active EE | $5,772 | $10,037-42.5% | $9,520-39.4% | $6,977-17.3% |
| Admin fee / account holder | $18 | $25,716-99.9% | $25,146-99.9% | $19,030-99.9% |